My theory for the 70% election landslide in 2015 was because:
1. Majority Sinkies are buying into the never-ending credit easing economy. Alot of them are high up in the necks in debts buying properties (local and overseas), cars, etc. Only way for them to be in positive equity is for never ending asset inflation.
2. Singapore economy actually starts to feel pain in 2013 already. Knowing the inevitable coming in 2016, PAP quickly call for election in 2015. Many Sinkies who know they are in deep shit even veer more towards PAP government hoping to save their ass (more money printing, more global trade agreeements, more FTs, which will continue to feed asset inflation).
I predict that the debt bubble (both corporate and personal) in Singapore will blow up.